Davis Selected Advisers LP clarified the company's core equity strategy, mentioned in a Dec. 14 story, has beaten the S&P 500 by nearly four percentage points in every 10-year rolling time period since 1969, based on calendar years.
Michael Karpik, a principal of State Street Global Advisors, will transfer to London to manage a new euro fund. Mr. Karpik's name was misspelled in a Dec. 14 "At Deadline" item.